In January 2025, 66-year-olds might get a payout of $4,018. The maximum benefits at Full Retirement Age (FRA) have been revised by the Social Security Administration, and certain retired employees will get checks that are higher in value the following year.
The cost-of-living adjustment, or COLA, is the reason for this new maximum amount. These maximum amounts at FRA have climbed significantly, even if the COLA increase in 2025 was only 2.5%.
Who will receive a Social Security check of $4,018 in January 2025 at 66?
For the record, only American workers who have been top earners for over three decades and who fulfill further qualifications will be eligible for this sizable reward.
Therefore, Americans with average or low earnings will not be receiving this large cheque for a long time. The Social Security Administration has set the following criteria in order to receive $4,018 in 2025:
- Filing at Full Retirement Age in 2025 (66 years and 10 months)
- Getting approval from Social Security
- Having worked for a minimum of thirty-five years
- Having earned the taxable maximum for at least 35 years too
- Do not break SSA rules
- Have jobs covered by SSA
Next Social Security payment date with checks worth $4,018
According to the 2025 payment schedule, retirees who are 66 years of age or older will begin receiving their upgraded payments on January 3, 2024. You have to have begun receiving retirement benefits before May 1997 in order to be eligible for payment on January 3.
Getting SSI benefits on January 3rd is another way to get money. However, this low-income recipient benefit will keep you from receiving a substantial payout.
January 8 or 15, or January 22 are the other paydays in January. You must have been born in the following dates in order to be eligible for payment: January 8–10, January 15–20, or January 22–31. Remember that waiting until you are 70 years old to file can increase your monthly payments by roughly 24%.
After the SSA announced a 2025 COLA increase on October 10, 2024, the maximum benefit payout for 70-year-olds is now $5,108 in 2025, up from $4,873 in the previous year.
Also See:- 2025 COLA facts and highlights for Social Security, SSDI, and SSI